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QUESTION 15 A project will cost $62,000 today and is forecasted to earn an inflow of $5,000 during the first year, followed by 9 annual

QUESTION 15 A project will cost $62,000 today and is forecasted to earn an inflow of $5,000 during the first year, followed by 9 annual cash flows of $9,000 thereafter. Cost of capital is 7%. What is this project's Profitability Index

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